Reinsurance News

Ariel Re secures $150m of multi-peril retro reinsurance with latest cat bond

Global reinsurer Ariel Re has successfully sponsored its fifth catastrophe bond, Titania Re 2025-1, providing it with $150 million of multi-peril retrocessional reinsurance protection with a state-weighted industry loss trigger over four years. Co...

Posted: Jul 02, 2025

Howden acquires majority stake in Japanese retail broker Holos

Howden, the global insurance and reinsurance broking group, has acquired a majority stake (68.3%) in Holos Holdings Co., Ltd. (Holos), a Kyoto-headquartered retail insurance broker. Founded in 2001 by Kei Horii, Holos is a privately owned retail i...

Posted: Jul 02, 2025

Mariza Costa named Aspen’s Head of Investor Relations

Bermuda domiciled re/insurer Aspen Insurance Holdings has announced the appointment of Mariza Costa as Head of Investor Relations. In her new role, Costa will be responsible for managing relationships between Aspen and its investors, analysts, rat...

Posted: Jul 02, 2025

MetLife & General Atlantic-backed Chariot Re completes first reinsurance deal

Chariot Re, an independent Bermuda-based Class E life and annuity reinsurance firm launched with co-sponsorship by MetLife and General Atlantic, has completed its first reinsurance transaction with a subsidiary of MetLife. Chariot Re, unveiled in...

Posted: Jul 02, 2025

CFC appoints Ian McLean as Chief Technology Officer

CFC, a specialist insurance provider focused on emerging risks and cyber, has announced the appointment of Ian McLean as Chief Technology Officer. In his new role, McLean will be responsible for accelerating the delivery of CFC’s technology roadma...

Posted: Jul 02, 2025

MS Re adjusts leadership within underwriting operations

Global reinsurer MS Reinsurance (MS Re) has made numerous leadership changes to its underwriting operations in certain regions and also announced structural adjustments within the Americas, International, and Global Specialty Lines business units...

Posted: Jul 02, 2025

Starpeak renews binder with AXA XL’s UK & Lloyd’s business

Starpeak, a digital distributor of specialist insurance products, has renewed its long-standing binder arrangement with AXA XL’s UK & Lloyd’s business. The renewal marks the 10th year of their successful partnership, which has significantly co...

Posted: Jul 02, 2025

Liberty GTS appoints Nicholas Lunn and Barbara Magni to regional leadership roles

Liberty Global Transaction Solutions (Liberty GTS), part of Liberty Mutual Insurance, has announced the appointments of Nicholas Lunn as Head of the UK, Central Eastern Europe, the Middle East, and Africa, and Barbara Magni as Head of Southern Eur...

Posted: Jul 02, 2025

David Carlson to lead Aon’s Global Industrial and Manufacturing team

Global re/insurance broker Aon has announced that David Carlson will join the firm as its global industrial and manufacturing leader, effective July 1st, 2025. Carlson will focus on advancing Aon’s industry strategy by deepening sector-specific in...

Posted: Jul 02, 2025

IAG’s FY’25 natural peril costs come in below budget at ~$1.1bn

Insurance Australia Group (IAG) has reported estimated natural perils costs for the financial year 2025 of approximately $1.08 billion, which is $200 million lower than its allowance for the period. Ahead of its FY’25 results, which will be announ...

Posted: Jul 02, 2025

Rates trending downward but soft market still 2-3 years away: Peel Hunt

Specialty re/insurance rates remain adequate on average and are trending downward, though a soft market is likely still 2–3 years away, according to a recent report by Peel Hunt. Following their participation in the recent Lloyd’s Tour, Peel Hunt...

Posted: Jul 01, 2025

Mark Shaw named Division President of Chubb Workplace Benefits

Global insurer Chubb has announced the appointment of Mark Shaw as Division President of Chubb Workplace Benefits (CWB). CWB offers a portfolio of streamlined solutions tailored for mid-to-large-sized businesses and the brokers who serve them. Its...

Posted: Jul 01, 2025

BMS expands in Australia with acquisition of Corporate and Commercial Insurance Brokers

The independent specialist insurance and reinsurance broker, BMS Group, has expanded its global presence with the acquisition of Queensland-based Corporate and Commercial Insurance Brokers. Founded in 2006, Corporate and Commercial Insurance Broke...

Posted: Jul 01, 2025

Munich Re’s ERGO completes full acquisition of NEXT Insurance

Munich Re Group has finalised the acquisition of NEXT Insurance, integrating it into the management structure of ERGO Group AG, its major primary insurance business. The transaction, announced earlier in the year, was completed with the companies...

Posted: Jul 01, 2025

Peter Thirring named Chairman of VIG Supervisory Board

Vienna Insurance Group (VIG) has announced that Peter Thirring will assume the role of Chairman of the VIG Supervisory Board, effective 1st July 2025. The decision was made during the constituent meeting following VIG’s 33rd Annual General Meeting...

Posted: Jul 01, 2025

Howden appoints Lee Vanderson as Head of Specialty, Philippines

Howden, the global insurance and reinsurance broking group, has announced the appointment of Lee Vanderson as Head of Specialty for the Philippines. In his new role, Vanderson will focus on expanding Howden Specialty’s presence in the Philippines...

Posted: Jul 01, 2025

S&P upgrades Arch Capital’s re/insurance subsidiaries ratings to ‘AA-‘ with stable outlook

Earnings diversity and robust capital has led S&P to upgrade its long-term issuer and financial strength ratings on Arch’s core re/insurance subsidiaries to ‘AA-’ from ‘A+’ and issuer credit rating on the holding company, Arch Capital Group Lt...

Posted: Jul 01, 2025

Old Republic Specialty hires Liberty Mutual’s Daniela James as Chief Reinsurance Officer

Old Republic Specialty Insurance Group, the largest business segment of Old Republic International Corporation and which specialises in the property and casualty market, has appointed Daniela James as Senior Vice President, Chief Reinsurance Offic...

Posted: Jul 01, 2025

Accelerant files for IPO with U.S. SEC

Accelerant has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed underwritten initial public offering (IPO). While the timing of the offering, number of Class A common shares t...

Posted: Jul 01, 2025

Swiss Re appoints Gianfranco Lot as Country President Switzerland

Global reinsurer Swiss Re has announced Gianfranco Lot will take on the additional role of Country President Switzerland, succeeding Urs Baertschi. In this expanded capacity, Lot will be responsible for representing Swiss Re’s interests in Switzer...

Posted: Jul 01, 2025

AXA completes sale of AXA IM to BNP Paribas

AXA has completed the sale of AXA Investment Managers (AXA IM) to BNP Paribas for cash proceeds of €5.1 billion. AXA has also finalised the sale of Select to AXA IM for €0.3 billion, bringing the total value to the previously announced €5.4 billio...

Posted: Jul 01, 2025

Chaucer appoints Emily Brand as Deputy Class Underwriter – Energy

Chaucer Group, a global specialty insurance and reinsurance group, has announced the appointment of Emily Brand as Deputy Class Underwriter – Energy. Based in Singapore, Brand will report to Scott Ho, who leads Chaucer’s Energy team in the region....

Posted: Jul 01, 2025

Suncorp shrinks main cat cover at renewal and adds multi-year solution

Australian insurer Suncorp has completed its 2026 reinsurance renewal, securing main catastrophe cover for losses between $500 million and $6.3 billion, and has added a structured, multi-year solution that reduces exposure to $350 million for a fi...

Posted: Jul 01, 2025

Retained earnings lift global reinsurer capital to record $720bn in Q1’25: Aon

Analysis by insurance and reinsurance broking group Aon estimates that global reinsurer capital increased by almost 1%, or $5 billion in the first quarter of 2025 to $720 billion, driven by growth in traditional capital as the alternative portion...

Posted: Jul 01, 2025

Lemonade lowers reinsurance overhead at renewal following improved diversification

Lemonade, the digital insurance company powered by AI and social impact, has renewed its reinsurance program, reducing the ceded proportion of its quota share reinsurance from approximately 55% to approximately 20%, effective July 1. According to...

Posted: Jul 01, 2025